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Topic: Massive bitcoin manipulation possible? (Read 1765 times)

member
Activity: 88
Merit: 18
December 04, 2017, 01:15:22 AM
There is a way for Tech. based manipulation as well.
Explained thoroughly in below link.

https://www.youtube.com/watch?v=UxyGt58EPa4
legendary
Activity: 1372
Merit: 1008
December 03, 2017, 05:45:09 PM
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc Huh
It is very possible and is happening every day including today. I will wish bitcoin should be regulated and treat as fiat and by so doing price manipulation will reduce. The big investors and the whales are always pumping and dumping for they favor and many of the amateurs traders do lose because of this.
I think seeing the current marketcap is bigger then the possibility for them to manipulate the price in the market will be more difficult. because they certainly need a very large capital / bankroll and a compact team of course. and certainly the more the future will be more difficult to manipulate bitcoin prices in the market. so be calm down dude
hero member
Activity: 812
Merit: 500
December 03, 2017, 05:36:53 PM
Bitcoin manipulation is possible and currently it is effected even majority of people are unaware about it.A group of investors take and inject investment to fluctuate the prices of Bitcoin for own purpose,rest factors also involved like,government policies,demand of new investors and hacking.
sr. member
Activity: 1106
Merit: 255
Betking.io - Best Bitcoin Casino
December 03, 2017, 03:41:32 PM
It is possible, cause it is like one milion bitcoin untouched since begginig of bitcoin, probably they are just own by the founder but nowadays we can't just find out this.
hero member
Activity: 546
Merit: 500
December 03, 2017, 03:25:59 PM
There is always an organization or individual who manipulates the Bitcoin market to pump or to make a profit. In addition to pumping and pouring, they also generate rumors or events related to Bitcoin that affect its value. That is inevitable, however, they always make Bitcoin more and more development so that they can make more and more profits from it.
I completely agree...this stage in the life of bitcoin, that it continues to unwind now...so all manipulations will go in this direction...and we do not know those who do this and will never know, because they are in the shade and don't show themselves
Ctn
sr. member
Activity: 644
Merit: 259
December 01, 2017, 12:30:13 PM


Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc Huh



Did you see the BCH pump last month bro? Thats what can be done with any coin as long as it is decentralised and over the blockchain.


Well, umm, I think bitcoin is passing the test, its decentralised and also present over the blockchain. So yeah most probably we can manipulate it in the first glance and yeah only a billionaire can do that because the price that bitcoin is having today is huge. Its not about the price really but the market capitalism which it holds. So to move the price up and down we will need huge investment into it with which market cap can be moved around. I think if they were able to move the BCH all upto 2-3K range then I'm sure bitcoin is no different case.

full member
Activity: 318
Merit: 100
December 01, 2017, 11:44:42 AM
There is always an organization or individual who manipulates the Bitcoin market to pump or to make a profit. In addition to pumping and pouring, they also generate rumors or events related to Bitcoin that affect its value. That is inevitable, however, they always make Bitcoin more and more development so that they can make more and more profits from it.
newbie
Activity: 41
Merit: 0
December 01, 2017, 11:34:17 AM
Of course it is possible. But is it practical? No! Unless you have concrete evidence, it's best not to speculate on stuff like this. You just go down a rabbit hole.
full member
Activity: 1190
Merit: 111
December 01, 2017, 10:43:28 AM
It isnpossible... But its hard to make bitcoin dump .. Though the pump are all well known... When bitcoin dump the price well so many people are starting to buy bitcoins as they are expecting pump soon... This lead to more demand than supply... And will cause a big pump
hero member
Activity: 2366
Merit: 504
December 01, 2017, 10:31:15 AM
i think they can, there 's a possibility that they can manipulate the price of bitcoin, since they have a lot of money they can do anything with the use of money. They can buy lots of bitcoin and this surely affect the markets.
Now bitcoin is the most developed currency in all the digital currencies present in the world now a days. Bitcoin is developing day by day and along with it its price and demand  also increases. It is the most demanded digital currency. Now it falling back is almost impossible due to its much importance and development, a bit up and down can happen in its amount but not a very large decrease in its price.

The market is dictated by how much btc is bought and sold, so obviously, if someone or a group of people hold that much btc, they will be able to move the market. Its even easier if they do this on alts but it's being done even on btc
Just like what already did by the chinese exchange sites before the PBOC audit. The exchange sites are trying to offer no fees for every bitcoin trade in there. that gives a lot of the possibility for these people to manipulate the bitcoin. The crypto billions can turn the market into the panic just in short time.
full member
Activity: 364
Merit: 107
December 01, 2017, 10:15:27 AM
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc Huh

Possible of course yes, this billionaires are really used to controlling everything. They are very influential that surely they can dictate governments  to place regulation for cryptocurrency. For the pump and dump well not all billionaires are into trading but of course they have people that can do it for them.

Billionaires may actually invested now and doing manipulation as we speak.

newbie
Activity: 5
Merit: 0
December 01, 2017, 09:38:09 AM
Perhaps happening now...
newbie
Activity: 15
Merit: 0
November 23, 2017, 11:27:22 AM
Yes it is possible because people do not know how to get along with it manipulation is easy if you target someone who is not confident and does not have a lot of internet knowledge like old people are the best targets for manipulation.
newbie
Activity: 42
Merit: 0
November 23, 2017, 11:21:10 AM
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc Huh
If we think logically that is not really possible because rich billionaires have things better to do that playing with bitcoin price.

If we think fictional rich billionaires can manipulate the price of bitcoin in a few seconds. They can anytime buy hundreds of thousands of bitcoin because that would be cheap for them. This will surely increase the price of bitcoins a lot.

But, if they would want to destroy bitcoin price they would sell that bitcoins for less than 10% of their original price. Money controls almost anything in this world

They could gather progressively a decent amount of  X bitcoins.
Then they open account to several brokers to trade CFD on bitcoin. They take a short position on these CFDs, and using leverage they can go up to 10 times the X amount of BTC they have.
Then they drop massively the bitcoin they have in their wallet. The BTC crashes, they lose on it but gain 10x more on CFD. Easy.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
November 22, 2017, 09:35:31 AM
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc Huh
I would not call it a massive manipulation anyway, but why do you think we call some people whales ? They have all the resources to pull some small little manipulations off and they are always careful about it too.

They are huge traders and that is how they make their money from market manipulations and controlling of prices. They kind of use it to test the volatility rate of the market sometimes and gain from some weaker hands, but they would not really try dumping when demand is extremely high.
hero member
Activity: 1246
Merit: 529
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November 22, 2017, 09:35:22 AM
i think they can, there 's a possibility that they can manipulate the price of bitcoin, since they have a lot of money they can do anything with the use of money. They can buy lots of bitcoin and this surely affect the markets.
Now bitcoin is the most developed currency in all the digital currencies present in the world now a days. Bitcoin is developing day by day and along with it its price and demand  also increases. It is the most demanded digital currency. Now it falling back is almost impossible due to its much importance and development, a bit up and down can happen in its amount but not a very large decrease in its price.

The market is dictated by how much btc is bought and sold, so obviously, if someone or a group of people hold that much btc, they will be able to move the market. Its even easier if they do this on alts but its being done even on btc
full member
Activity: 406
Merit: 101
November 21, 2017, 06:41:04 AM
i think they can, there 's a possibility that they can manipulate the price of bitcoin, since they have a lot of money they can do anything with the use of money. They can buy lots of bitcoin and this surely affect the markets.
Now bitcoin is the most developed currency in all the digital currencies present in the world now a days. Bitcoin is developing day by day and along with it its price and demand  also increases. It is the most demanded digital currency. Now it falling back is almost impossible due to its much importance and development, a bit up and down can happen in its amount but not a very large decrease in its price.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
November 20, 2017, 03:18:17 PM
I believe everything is studied. The billionaires are in charge of the rise and fall of the bitcoin price. They manipulate its movement with the way they want it to be. If they want it to fall, they will manage to do so and vice versa. I really fear these people. They are in another  different level.

And as a matter of fact, they are not only manipulating bitcoin, but also many other things like politics, advertising, media, the economy, and even people. They are spending billions of money to make things happen. That is why I am not surprised if they are already manipulating bitcoin.
sr. member
Activity: 756
Merit: 253
November 20, 2017, 12:27:52 PM
Yes, it can happen. There are some huge BTC holders that can bring pump and dump. But in any case they can't sustain the pump or dump for longer. Market will ultimately bounce back to the original pace unless all the big hodlers decide and dump. Market is getting diversified, this strengthens the price. After touching every ATH, a mindset develops among the hodlers. More big players are entering, this will make the distribution more uniform and hence will take out the control from few. Market is shaping amd will get more stronger in coming years.

The whales and the like are out there with huge chunks of Bitcoins and they can only cause a stir if they will unite their bitcoins  for the manipulations and such yunity i guess will be difficult at the moment except a  few friends here and there who might decide to do that but their effect wouldn't be felt as it will when a group of companies merge.
sr. member
Activity: 882
Merit: 269
November 20, 2017, 12:26:21 PM
Would it be possible for a group of extremely rich billionaires & other powerful individuals to manipulate the bitcoin market? e.g. Pump and dump, exposure to news networks, lobbying for favourable bitcoin regulation,etc Huh
It is very possible and is happening every day including today. I will wish bitcoin should be regulated and treat as fiat and by so doing price manipulation will reduce. The big investors and the whales are always pumping and dumping for they favor and many of the amateurs traders do lose because of this.
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